ExxonMobil Resumes Liquefied Natural Gas Production in Papua New Guinea
April 12 2018 - 8:27PM
Business Wire
- Production safely restarts ahead of
schedule at the PNG LNG plant near Port Moresby
- Production to increase in the coming
weeks; LNG cargo deliveries to commence soon
- Company continues to assist with
humanitarian relief efforts
ExxonMobil said today that production of liquefied natural gas
(LNG) has safely resumed at the PNG LNG project in Papua New Guinea
following a temporary shutdown of operations after a severe
earthquake occurred in the region on Feb. 26. LNG exports are
expected to resume soon.
One train is currently operating at the LNG plant near Port
Moresby. The plant’s second train is expected to restart as
production is increased over time.
During the period that production was shut-in, ExxonMobil was
able to complete unrelated maintenance scheduled for later in the
year to allow for more efficient operations in the months
ahead.
“Resuming LNG production ahead of our projected eight-week
timeframe is a significant achievement for ExxonMobil, our
joint-venture partners and our customers,” said Neil W. Duffin,
president of ExxonMobil Production Company. “We will continue to
support those communities impacted by the earthquake as we work
toward fully restoring our operations. We hope our contributions
and assistance will provide comfort to those in need.”
ExxonMobil is supporting multiple local and international relief
agencies involved in the humanitarian response to the
earthquake.
In addition to the company’s previously announced $1 million
contribution for humanitarian relief, ExxonMobil crews have donated
and delivered more than 37 tons of food, 14 tons of drinking water,
600 tarpaulins used as emergency shelters, 1,000 solar lights for
households, 20 larger solar lighting units for institutions, as
well as other essential supplies including water purification
tablets, cooking aids and hygiene kits.
The company is also assisting with the restoration of health
care facilities and community food gardens, and is providing
resources to help the government address the significant task of
restoring roads in the Highlands region.
“While a lot of work remains to be done, we are confident that
with the support of all our partners and stakeholders, we can help
our friends and neighbors recover from this tragic natural
disaster,” said Andrew Barry, managing director of ExxonMobil
PNG.
About ExxonMobil in Papua New Guinea
ExxonMobil has had a presence in Papua New Guinea since the
1920s and currently has a workforce of 2,600 in the country, 80
percent of whom are Papua New Guineans. The company operates the
PNG LNG project, an integrated development that includes natural
gas production and processing facilities, onshore and offshore
pipelines, and liquefaction facilities. Production and processing
facilities are located in the Southern Highlands, Hela, Western,
Gulf and Central provinces of Papua New Guinea. The company also
has interests in oil production and fuels marketing.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and
gas company, uses technology and innovation to help meet the
world’s growing energy needs. ExxonMobil holds an industry-leading
inventory of resources, is one of the largest refiners and
marketers of petroleum products, and its chemical company is one of
the largest in the world. For more information, visit
www.exxonmobil.com or follow us on Twitter at
www.twitter.com/exxonmobil.
Cautionary Statement: Statements of
future events or conditions in this release are forward-looking
statements. Actual future results, including resumption of
operations, could differ materially due to technical or operating
factors or other factors cited under the caption “Factors Affecting
Future Results” on the Investors page of our website at
www.exxonmobil.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180412006469/en/
ExxonMobilMedia Relations, 972-940-6007
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Sep 2023 to Sep 2024